IDEAS home Printed from https://ideas.repec.org/p/oec/dafaad/15-en.html
   My bibliography  Save this paper

Measuring Financial Literacy: Results of the OECD / International Network on Financial Education (INFE) Pilot Study

Author

Listed:
  • Adele Atkinson

    (OECD)

  • Flore-Anne Messy

    (OECD)

Abstract

This paper presents the findings from an OECD International Network on Financial Education pilot study undertaken in 14 countries. The analysis focuses on variations in financial knowledge, behaviour and attitude across countries and within countries by socio-demographics.The results highlight a lack of financial knowledge amongst a sizeable proportion of the population in each of the countries surveyed. Furthermore, there is considerable room for improvement in terms of financial behaviour. Attitudes are shown to vary widely. These results will enable countries to identify needs and gaps in financial education provision and develop national policies or strategies. They also provide a sound evidence base for developing OECD recommendations and principles. Mesurer la culture financière: Résultats de l'étude pilote de l'OCDE / INFE Ce document présente les résultats de l’étude pilote effectuée par le Réseau international de l’éducation financière (INFE) de l’OCDE dans 14 pays. L’analyse porte sur les différences en matière de connaissance financières, de comportements et d’attitudes des individus entre les pays ayant pris part au pilote et au sein de ces pays en fonction de critères sociodémographiques. Les résultats révèlent le manque de connaissances financières d’une partie importante de la population dans tous les pays participant à l’étude. En outre, le comportement et les prises de décisions en matière financière de la population pourrait être très sensiblement amélioré. L’étude montre aussi de grandes variations en ce qui concerne les attitudes des individus dans ce domaine. Les résultats de cette étude permettront aux principaux responsables d’identifier les besoins et les lacunes de l’éducation financière dans leur pays et de développer des politiques et des stratégies nationales adaptées. Ils constituent également une source fiable de données permettant de développer les recommandations et principes de l’OCDE.

Suggested Citation

  • Adele Atkinson & Flore-Anne Messy, 2012. "Measuring Financial Literacy: Results of the OECD / International Network on Financial Education (INFE) Pilot Study," OECD Working Papers on Finance, Insurance and Private Pensions 15, OECD Publishing.
    • Handle: RePEc:oec:dafaad:15-en
    DOI: 10.1787/5k9csfs90fr4-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/5k9csfs90fr4-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/5k9csfs90fr4-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:dafaad:15-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/caoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.